Bavarian U.S. Offices for Economic Development Receives Excellence in Economic Development Award from the International Economic Development Council

September 3022:512016

WASHINGTON, DC – 9/30/2016 (PRESS RELEASE JET) — The Bavarian U.S. Offices for Economic Development received a Silver Excellence in Economic Development Award for its 2016 project in the category of Business Retention and Expansion – Single Event from the International Economic Development Council (IEDC).

The honor was presented at an awards ceremony on Tuesday, Sept. 27, during the IEDC Annual Conference, which was held Sept. 25-28, in Cleveland, OH.

“On behalf of the IEDC board of directors and Excellence in Economic Development Awards Advisory Committee, congratulations to the Bavarian U.S. Offices for Economic Development. Not only did they work to provide a necessary service to their community; but also, their participation in the awards program sheds light on their stellar projects which other communities can now use a benchmark.” – Barry Matherly, CEcD, FM, IEDC 2016 Board Chair, President & CEO of the Greater Richmond Partnership.

The OktoberINVESTfest (www.oktoberinvestfest.com) is an annual investors’ conference in the heart of New York City. This one-day event brings together investors and industry leaders from the U.S. and Germany dedicated to pursue advances in innovation and growing their businesses globally. 2015 was the fourth anniversary of the OktoberINVESTfest.

The conference features panel discussions and keynotes by thought leaders and key individuals of Bavaria’s strongest business sectors. U.S. and German investors get together to share ideas on how to finance business expansion.

IEDC’s Excellence in Economic Development Awards recognize the world’s best economic development programs and partnerships, marketing materials, and the year’s most influential leaders. These awards honor organizations and individuals for their efforts in creating positive change in urban, suburban, and rural communities.

“The awards process is a thorough, non-biased and multi-layered process. These are extraordinary accomplishments for all winners, and an overall great effort by all participants. We look forward to next year’s awards competition,” Matherly said.

About the International Economic Development Council

The International Economic Development Council (IEDC) is a non-profit membership organization serving economic developers. With more than 4,700 members, IEDC is the largest organization of its kind. Economic developers promote economic well-being and quality of life for their communities, by creating, retaining and expanding jobs that facilitate growth, enhance wealth and provide a stable tax base. From public to private, rural to urban, and local to international, IEDC’s members are engaged in the full range of economic development experience. Given the breadth of economic development work, our members are employed in a wide variety of settings including local, state, provincial and federal governments, public-private partnerships, chambers of commerce, universities and a variety of other institutions. IEDC’s members create high-quality jobs, develop vibrant communities and improve the quality of life in their regions. www.iedcONLINE.org.